Overheard at the LFGSS golf club bar

Obviously this is the wrong thread for reasonable discussion but here’s the info anyway:

https://amp.theguardian.com/uk-news/2023/jan/09/entrenched-car-culture-leaves-millions-of-britons-in-transport-poverty

It’s actually even scarier than I thought as the income figures are gross not take home.

Those who own a car spend on average 13% of their gross income on it, above the 10% generally seen as the indicator of transport poverty. For those paying for their car with a finance or loan deal this proportion rises to 19%.

So your average £80k-earning car-financing person actually spends £1266.67 a month on their car.

Average person, not outlying car enthusiast. And 92% of new cars are bought on finance.

Obviously I used the £80k figure to make the monthly payment sound really high, an average £33k earner with car finance spends a mere £522 of their £2154 take home monthly pay running their car.

Sounds insane, but I can see it - £300 finance, £100 fuel, £50 insurance, a couple of new tyres, breakdown cover, a car wash every few weeks, something fails etc.

TLDR: If you wish to fit in at the golf club the cost does not end with the membership fee.